March 23, 2017 8:48 PM ET

Diversified Telecommunication Services

Company Overview of nbn co limited

Company Overview

nbn co limited designs, builds, and operates broadband network in Australia. It offers nbn Ethernet Bitstream service, a fiber, fixed wireless, and satellite service; and fixed wireless network services. The company operates fiber-to-the-premises, fiber-to-the-node, hybrid fiber coaxial, fixed wireless, and satellite networks. nbn co limited provides wholesale services to landline phone companies and Internet service providers. The company was founded in 2009 and is based in Melbourne, Australia.

360 Elizabeth Street

Level 40

Melbourne, VIC 3000

Australia

Founded in 2009

5,444 Employees

Phone:

61 3 8662 8000

Key Executives for nbn co limited

Chief Executive Officer, Managing Director and Director
Age: 56
Chief Financial Officer
Age: 50
Chief Network & Operations Officer
Chief Customer Officer
Chief Strategy & Transformation Officer
Compensation as of Fiscal Year 2016.

nbn co limited Key Developments

Nbn Co Reports Earnings Results for the Six Months Ended December 31, 2016

NBN Co reported earnings results for the six months ended December 31, 2016. For the revenue of $403 million for the company behind the rollout. The group's net loss widened to $1.83 billion over the six months to December, from $1.24 million a year earlier, as the company continued to spend money on the network, marketing and staff costs.

nbn Announces Equipment Supplier for New Fibre-to-the-Curb Technology

nbn has signed an agreement with NetComm Wireless, for the supply of Distribution Point Units (DPUs) in the company's Fibre to-the-Curb (FTTC) network. nbn will shortly begin full design work for the initial areas to be served by the new technology and will be one of the first operators in the world to launch a large-scale FTTC network. FTTC works by delivering fibre all the way to the telecom pit outside a premises where it connects into a DPU that then uses the existing copper line from the pit to the home. This saves the time, cost and complexity of delivering a full Fibre-to-the-Premises (FTTP) connection and brings the fibre closer than Fibre-to-the-Node (FTTN).

NBN Expands Coverage to North Shore

NBN has expanded its network coverage to North Shore. Around 17,000 North Shore residential and businesses will soon have access the company's broadband service. The company crews will be on the ground in parts of St Leonards, Crows Nest and Naremburn, checking pits and pipes, laying the fibre backbone to the network and installing node cabinets throughout the area, with people expected to be able to progressively make the switch from March 2017 through to November.

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Recent Private Companies Transactions

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Target
No transactions available in the past 12 months.
 

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